Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Morocco signs OECD's declaration on international investment  Join our daily free Newsletter

MENAFN - Morocco Business News - 25/11/2009

No. of Ratings : 0
Add to Mixx!


 


Morocco
(MENAFN - Morocco Business News) Morocco has signed the declaration of the Organization for Economic cooperation and development (OECD) on International Investment and Multinational companies.

The declaration, which was signed on the sidelines of the Ministerial Conference of the MENA-OECD initiative held on Monday in Marrakech, mainly calls for the respect of companies' governance standards mainly in the banking, financial and public sectors.

Through this declaration, the signatories underline the importance of encouraging SMEs, promoting growth and respecting fiscal transparence.

"The signing of this declaration is the fruit of Morocco's long reform process to improve the investment climate and attract more foreign investments," said the Moroccan Minister in charge of Economic and General Affairs, Nizar Baraka, who signed the declaration.

Through Morocco's free trade agreements signed with many countries, "we offer to investors some 1 billion potential consumers," added the minister during a press conference.

Morocco had officially joined the committee of the Development Centre of the Organization for Economic Cooperation and Development (OECD) earlier this year.

Morocco is the second Arab and third African country to adhere to the centre, after Egypt and South Africa.

The Development Centre helps policy makers in the OECD and partner countries to find innovative solutions to the global challenges of development and poverty alleviation.

Established in 1961, the OECD includes 30 member countries. Its mission is to support sustainable economic growth, boost employment, assist other countries' economic development and raise living standards.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help